Agenda Articles

The Supreme Court has refused to grant John Delaney leave to appeal the 2023 judgment of the Court of Appeal.

The High Court has recently pierced the corporate veil to make directors and shadow directors personally liable for the fraud of a company.

With effect from 23 April 2023, the Companies Registration Office (“CRO”) will require that all company directors of Irish companies provide either their Personal Public Service number (“PPSN”) or a Verified Identity number (“VIN”) when filing the following forms with their offices

The Data Protection Commission (“DPC”) recently published its 2022 annual report (the “Report”) covering its regulatory activities between 1 January 2022 and 31 December 2022.

On 20 February 2023, the Central Bank of Ireland (the “CBI”) issued a notice entitled: ‘Process clarifications for UCITS and AIFs pre-contractual documentation updates in relation to the Commission Delegated Regulation (EU) 2023/363’ (the “Notice”).

Two significant European laws have recently come into force which have a significant impact on how bidders from outside the EU, or subsidised by third countries, participate in public procurement processes within the EU.

On 14 November 2022, the Central Bank of Ireland (the ‘CBI’) published an information note ‘Sustainable finance and the asset management sector: Disclosures, investment processes & risk management’ (the ‘Note’).

The Companies (Miscellaneous Provisions) (Covid-19) Act 2020 (the “Covid Act”) amends the Companies Act 2014 (the “Companies Act”) and the Industrial and Provident Societies Act 1893 (the “1893 Act”), each on a temporary basis, so that, notwithstanding challenges posed by the pandemic, entities can continue to operate in compliance with relevant provisions of those Acts.

The Irish High Court (Court) has pierced the corporate veil in Powers v Greymountain Management Ltd [In Liquidation] & Ors [2022] IEHC 599, to hold passive resident directors and non-resident shadow directors personally liable for funds lost to investors as a result of fraud.